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How Buffett took charge of Berkshire? In 1965, Buffett was a shareholder in Berkshire, then a struggling New England textile company. He planned to sell back his shares for $11.50 each, but the term sheet showed $11.375. An angered Buffett responded by buying all the shares he could, and won control of Berkshire on May 10, 1965. The textile business closed in 1985.
from Markets-Economic Times https://ift.tt/3e2PB3K
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